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re: Major social unrest is coming

Posted on 4/26/22 at 9:45 am to
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11247 posts
Posted on 4/26/22 at 9:45 am to
If you can prove that they're saving cash instead of piling into "equities" because they've been brainwashed by the retirement system to permabid illiquid vanguard funds I might actually have some empathy. I have a very hard time believing most of these kids (mid to late 20s) aren't yoloing at the bar and partying a Coachella for years before they even begin hoarding cash. Not to mention the lack of education on mortgage products that have down payment assistance and first time homebuyer products.

There's no solution to the housing issue for young people. The tradeoffs have to be accepted and kids need to grow TF up earlier to get into a house at a resonable time.
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